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21 May 2026
Time to take AI chips off the table
AI capex is a bubble - tokens sold below cost, no returns in sight, and $1tn invested in 2026 alone wi...
15 May 2026
LVMH handed the baton to ASML. Buy LVMH.
ASML has surged past LVMH in market value amid an AI-driven rush, but the rise looks overheated; ...
07 May 2026
Water Tabs
Four European water utilities — British, French, Spanish and Italian — have all delivered ~150% retur...
23 April 2026
P/Book unimpressed by Hormuz
European equities are trading at historically high price‑to‑book levels again, driven by abundant liq...
16 April 2026
Pernod Ricard: two families, one glass too many
The stock has collapsed, but the panic looks overdone. Between a family that refuses to let go, a lon...
09 April 2026
Whitbread is always worth another look
Whitbread, owner of Premier Inn, faces short-term volatility from macro and geopolitical pressures, b...
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